We could be looking at a short-term downside to 162.000. Thoughts?
-News wise we could be looking at poorer economic US data and inflow into MMFs and safe haven assets.
-At an area of high reaction, 164.500 acting as an area of S&R.
-Broken market structure on 4H and 1H of uptrend.
I will remain on the sidelines until there is a confirmation on the 1H and 4H to...